Sats ASA Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 13, 2022 at 07:00 pm
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Sats ASA reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was NOK 1,022 million compared to NOK 670 million a year ago. Net income was NOK 12 million compared to net loss of NOK 163 million a year ago. Basic earnings per share from continuing operations was NOK 0.06 compared to basic loss per share from continuing operations of NOK 0.95 a year ago. Diluted earnings per share from continuing operations was NOK 0.06 compared to diluted loss per share from continuing operations of NOK 0.95 a year ago.
For the six months, sales was NOK 2,033 million compared to NOK 1,275 million a year ago. Net loss was NOK 44 million compared to NOK 384 million a year ago. Basic loss per share from continuing operations was NOK 0.23 compared to NOK 2.25 a year ago. Diluted loss per share from continuing operations was NOK 0.23.
Sats ASA is a Norway-based company engaged in providing fitness and training services. The Company offers studio facilities for individual training and has a broad training offering with programming and qualified personal trainers for specialized training and individual coaching. The Company also focuses on supporting members outside its physical clubs, using online training and digital tools. The Company serves customers in Norway, Denmark, Sweden and Finland.
SATS ASA 
